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Gaslieferungen aus Russland können kurzfristig nicht kompensiert werden
[Gas Imports From Russia Cannot be Compensated in the Short Term]

Author

Listed:
  • Andreas Fischer

    (Institut der deutschen Wirtschaft Köln)

  • Malte Küper

    (Institut der deutschen Wirtschaft Köln)

  • Thilo Schaefer

    (Institut der deutschen Wirtschaft Köln)

Abstract

As Russia’s invasion of Ukraine continues, more and more people are calling for a ban on Russian energy imports. The proponents argue that abstaining from importing billions worth of coal, oil and gas will further increase the pressure on the Kremlin. Critics, however, including German Chancellor Olaf Scholz, warn of what they believe to be incalculable consequences, with the gas supply being particularly at risk. This article outlines the different options for substituting Russian coal, oil, and especially gas and explains why the wait-and-see attitude of the German government towards a complete import ban is understandable.

Suggested Citation

  • Andreas Fischer & Malte Küper & Thilo Schaefer, 2022. "Gaslieferungen aus Russland können kurzfristig nicht kompensiert werden [Gas Imports From Russia Cannot be Compensated in the Short Term]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(4), pages 259-261, April.
    • Handle: RePEc:spr:wirtsc:v:102:y:2022:i:4:d:10.1007_s10273-022-3162-z
    DOI: 10.1007/s10273-022-3162-z
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    References listed on IDEAS

    as
    1. Kolev, Galina V., 2022. "Russlands Relevanz für die Lieferketten der deutschen Wirtschaft," IW-Kurzberichte 23/2022, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
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    Cited by:

    1. Jakub Sokolowski & Marek Antosiewicz & Piotr Lewandowski, 2022. "The economic effects of stopping Russian energy Import in Poland," IBS Research Reports 01/2022, Instytut Badan Strukturalnych.

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    More about this item

    Keywords

    Q41; Q43; Q48;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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